Eurozone Inflation Stays Low

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

...Barclays Monday said new stimulus measures are likely before the end of this year, "as we believe inflation is unlikely to reach the ECB's target over the next two years." While it's unlikely the E...

Modi Changes Course on Land Acquisition

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

NEW DELHI?India's prime minister on Sunday said he would not renew a contentious executive order aimed at making it easier for the state to acquire land for infrastructure and industry?confirming a significant reversal on a measure his administration had touted ...

France to Finance Tax Cuts With Cost Savings -- Update

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Inti Landauro PARIS--French Finance Minister Michel Sapin said the French government can find EUR2 billion ($2.2 billion) worth of savings in 2016 to pay for tax cuts for households without sacrificing its commitment to reduce the budget deficit. "You ...

Australian Company Profits Fall, Led by Financial Sector

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Vera Sprothen SYDNEY--Australian company gross operating profits fell by 1.9% to a seasonally adjusted A$62.8 billion in the second quarter from the first, the Australian Bureau of Statistics said Monday. Company profits also fell, by 3.9%, from the second ...

China Service Trade Deficit Widens to $17.6 Billion in July

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

BEIJING--China recorded a service trade deficit of $17.6 billion in July, up from $14.9 billion in June, official data showed Monday. For the first seven months of the year, the country saw a service trade deficit of $109.2 billion, the ...

Canada Current-Account Deficit Hits C$17.40 Billion in 2Q

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Paul Vieira OTTAWA--Canada recorded its third-largest current-account deficit on record in the second quarter, as the data reflect the damage the commodity-price rout has left on the economy in the first half of 2015. The current-account deficit narrowed in ...

Germany's Merkel: Expects Greece to Meet Its Obligations

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

BERLIN--German Chancellor Angela Merkel expressed confidence Monday that Greece will live up to promises that it made to international creditors in exchange for an 86 billion euros ($96.2 billion) bailout package that it was awarded earlier this month. "I expect ...

German Retail Sales on the Rebound

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

FRANKFURT?German retail sales grew on the month in July, rebounding after June's decline, signaling that consumers in Europe's largest economy started the third quarter on firm footing, data from the country's statistics office, Destatis, showed Monday. The 1.4% monthly increase ...

Dollar Lower Against Yen, Euro Amid Asia Stock Markets Slump

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Hiroyuki Kachi TOKYO--The dollar was lower against the yen and the euro in Asian trade Monday, with weakness in Asian stock markets again prompting flights to the perceived safety of the Japanese and eurozone currencies. Around 0450 GMT, the ...

Asian Shares Start Lower

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

Asian markets are struggling to shake off a global selloff, despite a bounce in China shares at the end of last week. The Nikkei Stock Average traded down 1.1%, Australia's S&P;/ASX 200 was down 1.3% and South Korea's Kospi lost ...

Markets End Turbulent Month Lower

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

...Barclays strategist Krishna Goradia in a note Monday. The euro was up 0.4% against the U.S. dollar at $1.222. Brent crude was down 1.5% $49.33 a barrel. Oil sold off heavily last week befo...

Swiss KOF Indicator Increases in August, Beating Expectations

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Neil MacLucas ZURICH--Switzerland's KOF leading economic indicator rose in August on signs that the Alpine country's manufacturers are coming to terms with the negative effects of a stronger Swiss franc. The index gained 0.3 points to 100.7 in August ...

China Shanghai Rubber Futures Closing Prices, Volume

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

Monday, August 31 2015 Natural Rubber Turnover: 521,694 lots Open High Low Settle Prev. Change Vol Open Settle Interest Sep-15 10,260 10,310 10,065 10,185 10,340 -155 5,710 17,896 Oct-15 10,295 10,480 10,210 10,335 10,445 -110 214 820 Nov-15 10,415 10,525 ...

Rosneft 1st Half Net Profit Down 26.1% to RUB190 Billion

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By James Marson MOSCOW-Russian state-controlled oil giant OAO Rosneft (ROSN.MZ) said net profit in the second quarter fell 21.6% compared with the same period for last year to 134 billion rubles ($2.05 billion) because of a plunge in the price ...

Asian Rubber Futures End Mostly Lower

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Lucy Craymer Asian rubber markets were mostly down, with lower crude-oil prices weighing on the Tokyo, Shanghai and Thai rubber markets. Oil prices fell Monday, reversing some of the gains made late last week amid concerns the latest rally ...

Ageas to Sell Hong Kong Life Insurance Business

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

BRUSSELS?Belgian insurance company Ageas said Sunday it will sell its Hong Kong Life insurance business to Chinese asset-management firm JD Capital for ?1.23 billion ($1.4 billion). Ageas said it expects to complete the sale in the first half of 2016 ...

France to Finance Tax Cuts With Cost Savings

TODAY: Aug. 31, 2015 PUB DATE: Aug. 31, 2015

By Inti Landauro PARIS--French Finance Minister Michel Sapin said the French government can find EUR2 billion ($2.2 billion) worth of savings in 2016 to pay for tax cuts for households without sacrificing its commitment to reduce the budget deficit. "You ...